As we are nearing Earnings. I am noticing that more and more analysts are pushing their expectations higher suggesting the belief of a beat in expectations which would be just as expected which would suggest a decline in price action post earnings. If that were to be the case, we would see a decline in Revenue and an increase in EPS and future growth expectations. Now if we were to see an increase in Revenue with an increase in eps and increase in growth higher than analyst expectations, we will easily see rapid price increase. My expectations are that Analyst have undervalued Rivian Potential for growth and Rivalry to Tesla (TSLA) as we Lucid (LCID). Rivian is set to blow analyst expectations away. but again, just my thoughts.
Price target $25
valuation Strong buy
Price target $25
valuation Strong buy
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.